St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-10-10
4 hrfcLEs oF INcoRpoRAr1ON oF

A RT1CLES OF Incorporation OF
n St. Peter Street Improvement Company
KNOW oil men by these presents. That We,
the undersigned, DC hereby. associate. under
ehapef "a, q the e General Statutes Of the
state of Minnesota, f0f the purpose Of form
ing a corporation as hersinaftef stated and
to that end DO hereby adopt the following
articles OF Incorporation:
Article 1.-The name of said corporation
shall be 'St. Peter Street Improvement Com
pany." The general nature of its business
shall be the buying, owning, Improving. sell.
ing and dealing In lands, tenements and
hereditaments, real, mixed and personal es-
tate and property: the principal place of
transacting said business shall be the city of
St. Paul, Id the county of RAMSEY, and state
Art 1.-the time Of commencement of
said corporation shall be Oct. 10. 1887 The
period OF its continuance shall be thirty
Art. III.-The amount OF capital stock of
said corporation shall be $500, 300; the same
shall be paid in cash or IN lands at such
times and from time to time and in such
manner as,the bylaws shall prescribe, pro-
yided that 70 per cent. of said stock may be
called by the directors ON or prior TO the LIST
day OF August, 1888, or in monthly install
ments OF 10 per cent. of the amount of each
subscription, beginning March l, 1888; pro-
yided further, that not more than 20 per
cent of each subscription shall be called in
prior to said LIST day of August 1888.
Art. lY.-The highest amount of indebted
ness or liability TO which said corporation
shall at any time be subject shall be $780,,
Art. V.-The names and places OF residence
OF the persons forming said association for
incorporation are as follows: j. ROYAL Nc
Murran, Henry Hutchinson. John F. Fulton,
Il. J: Hodgson, A. G. Potstlethwaite, Daniel
II. McEwen and Henry E. Wedelstaedt, and
they all reside in the city of ST. Paul afore-
Art. VI..The names of the first board of
directors of said corporation are as follows:
j. royal, McaIurran, Henry Hutchinson, John
r Fuiton, f. j. HodgsOn, A. G. Postlethwaite,
Daniel II: McEwen and Henry E. Wedel-
staeat. The government of said corporation
and the management of its affairs shall be
vested in board of seven directors, which
shall be composed until the first annual meet
ing OF the persons last above mentioned: and
al Sald annual meeting, which shall be held Oh
the second Tuesday of May in each year here
elected. The officers of said corporationshall
be president, vice president Il secretary and
a treasurer, all of whom. exeeptthe secretary.
shell be stoGkhoiders. u til the first annual
meeting j. Royal McMurran shall be presi-
dent, John +. Fulton shall-be vice president
and A. G. Postlethwaite shall be treasurer of
said corporation.
Art NIl.-'rhe number of shares i'll the
capital stock of said corporation shall be
1000 and the amount of each share shall be
500.
In testimony whereof we have hereunto set
our hands and seals this 24th day of Septem-
Der, \. ID. 1897
j. ROYALL McMURRAN. Iseal1
HENRY HUTCHINSON, Seal
JOHN +. FULTON. Seal
f. j. HODGSON, ISeoI
y. q. POSTLETHWAITE fSeal |
DANIEE ii. McEWEN tSeal
HENRY E. WEDELSTAEDT. fSeaI.
In presence of
W. 7. MGMuRRAN,
SAM'L McMURBAN.